Examples of Frequency of Premium Payment in a sentence
Premiums under the Policy can be paid on yearly, half-yearly, quarterly or monthly basis as per the chosen Frequency of Premium Payment and as set out in the Policy Schedule or as amended subsequently.
Subsequent Premiums are due in full on the due dates as per the Frequency of Premium Payment set out in your Policy Schedule.
Alteration in the Frequency of Premium Payment may lead to a change in the Premium.
No alterations are permissible under the Policy except change in Frequency of Premium Payment.
No alterations are permissible under the Policy except change in Frequency of Premium Payment and Income Payout Frequency.
If you have chosen monthly Frequency of Premium Payment, we shall collect first 3 months Premium in advance on the Date of Commencement of Policy, as a prerequisite to allow monthly mode of Premium payment.
Reinstatements will be allowed only within 30 days of the Rider renewal date.B. Grace period allowed for payment of Premiums in installments: There will be a Grace Period of 30 days for yearly Frequency of Premium Payment and 15 days for half-yearly/quarterly/monthly Frequency of Premium Payment .
AlterationsNo alterations are permissible under the Policy except change in Frequency of Premium Payment.
Subsequent Premiums are due in full on the due dates as per the Frequency of Premium Payment and as per the Plan Option chosen set out in your Policy Schedule.
Once the Policy is revived, you are entitled to receive all contractual Benefits.4. AlterationsNo alterations are permissible under the Policy except change in Frequency of Premium Payment.